New Equipment Business Tax Break
24 February 2009
Scott
For those of you who do not know, section 179 is part of the tax code that deals with equipment in business and the tax deductions. In 2009, if we can put new equipment to use in a business, there is a very, very good tax brake for the cost of the equipment. One such example would be a new sail boat into a charter business. So now we are looking for a new boat that meets our requirements that we can put into charter by the end of 2009. Any suggestions.....